Member Info for Chartist2

Investors sentiment in Q3: 36 investors sold Provident Financial plc shares; 151 reduced holdings; 48 funds opened positions; while 173 raised stakes. Robeco Institutional Asset Bv holds 588,719 shares Cambridge Research Inc has 0.01% invested in Provident Financial plc Sei holds 0.02% (68,538 shares) Blair William & Il reported 0% of its portfolio Oakworth Capital Inc owns 285 shares for 0% of their portfolio Us State Bank De holds 0.01% or 72,067 shares in its portfolio 7,177 were accumulated by First Allied Advisory Ser Mason Street Advsr Ltd Limited Liability Company has invested 0.06% of its portfolio Koch Industries has 0.09% invested (5,681 shares) Missouri-based First Heartland Consultants has invested 0.05% Renaissance Technology Limited Liability Corporation, a New York-based fund reported 261,600 shares James Invest stated it has 213,457 shares or 0.46% of all its holdings Natixis Asset invested in 2,929 shares Norinchukin Bancorp invested in 0.02% or 12,660 shares Oakbrook Ltd Co has invested 0.08%

Currently the Sp is starting to create a new small sideways support around 682-685p. So lets just see if this holds (and if my January entry remains un-breached.) But in case 667p is breached, I will probably watch from the sidelines, because then PFG could create a "double bottom" based on last years bounce around 589p. (While I also don't intend to hold up a roaring train..., lets keep in mind that in case of a further retrace II's are likely to buy up the entire company and take it off the market ...further downsizing and getting out of the public focus.)

And what will the 60% stakeholders do when the tough times come...? Think about it. Did they not see a meltdown already, from 3,000 Pence down to silly 600 Pence last year? Did Invesco go out of business because of this? Did Woody sell his shares, or did he buy three or four percent more? Did other banks sell their shares and announced it to the public? Not yet, right? Think about it and what their plan might be. Its more and more likely that any new snipped is used to drive it down to Liberiums 480p target. And there is where the entire company is getting bought up entirely, with a sudden 900p buyout announcement. So lets do the same: Place your stops properly. Live with a small calculable dip. Then follow PFG on way, and once there is new and large buying volume get back on board. I have been doing this since last year September.

Just as long you stay positive about your life and the things hapening around you!! Never mind what a public listed company does. Never mind what PFG does... if it triggers my entry price 660ish (or maybe 5%) below that, then I will be out - without thinking negative about anyones future. Not even this comys future. Let them do (and live through) what they deserve. If this scenario happens, then fine, let PFG find its real bottom. I am not a newtrader at all, and same as you, I focus on the share price. If I am stopped out one of these days, then I might look for a fresh entry this summer, somewhere around 400 ish. All I'm saying is that I strongly doubt that PFG will go out of business this year and cease to exist (as it is suggested by Dino & his club). What will the 60% stakeholder do when the tough times kick in? Did they not already survive a cr

Off topic: And now please allow me to invite you over to n4p for a little bite. Invested there since summer 2017 :))

live 680.00 -21.80 (-3.11%) More supporting buys as from 675p. Rafidell, if this news was overall important, then the (interim) CEO would have commented it. Whats more important now is if PFG plans to create a steady three months Sp average to build a capital raise on that basis.

Titus, what I don't understand is this endless "wrecking ball" attitude of some posters here. No, things aren't rosy. But whats this big fuzz about PFG and its rollercoaster trading anyway? I am here to earn money, and recently we've seen a very nice 660ish -> 720ish rebound. Its about earning money on your daily or weekly trading. If the Sp really breaches then the AT sell will make sure I am on the sideline. Then lets see where PFG will land or end up. I am not your "turnaround poster". I simply join the trading business every day and week. Currently with PFG I only work with "long" or staying on the sidelines. If my 667 is breached, then I will be on the sideline again - and no had feelings whatsoever. Think about it. Some say PFG is totally worthless today at 700p per share and they see it going to 450p where they have a buy-order waiting. And once that sunny day arrives they will buy at 450p - and then they would start seeing a rosy future for PFG.

Is this the only "dog" in our portfolio right now...?

Rafidell, they probably kissed goodbye that IT super genius who invented the bespoken handheld tablets. Otherwise he would not have gone after only one year. ------------------ Sear, the founder of WorldPay, has decided to step down from Provident's board with immediate effect after only a year. "Having joined the Board a year ago to assist with the development of the group's strategy in this arena and broader IT direction, the group now finds itself in very different circumstances and with different strategic priorities," Provident said, with the sub-prime lender still recovering from a strategic change that led to a major profit warning and exodus of staff and customers. With Sear having decided to take on an executive chairman role payments company Entropay, Provident's own executive chairman, Malcolm Le May, said: "We are sad that David has decided to step down but completely understand his decision. "We would like to thank him for his contribution to the group in a difficult year and in particular for his contribution to its IT strategy where he has helped the group to significantly modernise its approach."

Yeahh, Dino three three thick, I am sure the current 60% institutional stakeholders will hurt themselves badly by arranging and accepting a takeover price well below their own entry price (800 Pence).

...in the end those currently 60% institutional holders will buy up the remaining company. At seven Pounds? Eight Pounds? Or maybe eleven Pounds, the fair value?? Anyhow: We do know that all dips in the past months have been used for increasing their stake.

DogTyred, good man! This afternoon quite nice price increase, surpassing that 9.80p. Also larger buy-volume, above 1 Mil again. Looks like 10.25 could be taken on again soon.

Ehmmm, they probably kissed goodbye the IT genius who invented the handheld tablets. ------------------ Sear, the founder of WorldPay, has decided to step down from Provident's board with immediate effect after only a year. "Having joined the Board a year ago to assist with the development of the group's strategy in this arena and broader IT direction, the group now finds itself in very different circumstances and with different strategic priorities," Provident said, with the sub-prime lender still recovering from a strategic change that led to a major profit warning and exodus of staff and customers. With Sear having decided to take on an executive chairman role payments company Entropay, Provident's own executive chairman, Malcolm Le May, said: "We are sad that David has decided to step down but completely understand his decision. "We would like to thank him for his contribution to the group in a difficult year and in particular for his contribution to its IT strategy where he has helped the group to significantly modernise its approach."

704.16 +11.96 (1.73%) Hmmm, quite a decent finish actually. Next bullish alert IF somewhat 706.80 is climbed. Any new infos here?

live 702.00 +9.80 (1.42%) Sp making first attempts to climb the 702 and 704 barriers again. Fair enough if the price will simply stabilize at 700. Have a good weekend everyone!

692.20 -9.80 (-1.40%) And as per usual, a little more stable at the end.

684.40 -17.60 (-2.51%) Sp sitting a little undecided on the 682 support line. As soon as the 670`s are touched you see large maintenance buys coming in.

live 680.60 -21.40 (-3.05%) So lets see if the former support line 671 / 675 / 682 will hold. - If this months 671 line holds, then its a bullish "double bottom" on the chart, created on 17th January. - If breached, then it will test 661 again.

Low: 670.00 Looks like everything is on hold for now, while my entry price still hasn't been touched. Might even risk 5% below my (660ish) entry price

702p closing price. So all in all thats not too bad. It halted exactly at our former entry signal (702 and 704). New bullish alert only if 712 is climbed (confirmed at 721p).